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Spectral Medical Inc T.EDT

Alternate Symbol(s):  EDTXF

Spectral develops devices for unmet medical needs. Sepsis occurs in 1.7M Americans/year causing 250K deaths, often caused by endotoxin. Our devices measure and remove endotoxin from the bloodstream. An FDA confirmatory trial is underway. Dialco, a Spectral sub, offers SAMI, a novel instrument for renal replacement, cleared by FDA. Dialco is seeking FDA approval for DIMI a unique home dialysis enabler. These devices have large commercial potential


TSX:EDT - Post by User

Post by GeneralAladeenon Feb 06, 2024 4:30pm
256 Views
Post# 35866174

Spectral move

Spectral move

Been in this bad boy for a loooong time. Seen quite a few small moves up, but this one feels different. Could they hit us with anothe financing ? Sure. But now with the redesign of phase 3b and this positive enrollment trajectory this is starting to feel like a sustainable move with a reasonable timeline for real market moving news. 


if this was an American company with a Nasdaq listing, with this type of news we'd have 10x market cap. 

Baxter has no interest is letting this get away from them. They will buy us out long before we have a chance to reap real rewards. Hopefully that is a huge premium to this paltry market cap. Good luck boys and girls. We deserve this!! 

GA 

 

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